Now, more than ever, organisations need to ensure they are financially sustainable. An excellent budgeting process is a crucial tool to achieve this.
Now, more than ever, organisations need to ensure they are financially sustainable. An excellent budgeting process is a crucial tool to achieve this.
This course takes delegates through the whole budgeting process, from strategic planning, through target-setting and budget negotiation, to budget monitoring and variance analysis.
We examine how key performance indicators can be used to tighten up behaviour within the organisation. In particular, we explore best techniques for the control of operational costs, and the achievement of radical cost savings where necessary.
Who Should Attend:
This course is designed for Managers, Supervisors and Team Leaders, who need to be effective performers in their organization’s budgeting and operational cost control process. It is beneficial to those who have recently been given a new budget responsibility, or have recently been tasked to control costs within their organisation. No previous financial knowledge is required.
Course Profile:
Outcomes:
LMC brings together the latest international management thinking and business strategies, using them to transform personal, team and organisational performance.
We deliver a wide variety of high impact courses which have been designed to meet the ever changing needs of business professionals. LMC offers regularly scheduled courses, seminars and workshops. Programmes are continuously reviewed ensuring that the content is the very latest and therefore provide delegates and their organisations with competitive advantage.
At LMC we can boast a proven record of working with blue chip clients for more than 25 years. Our wide range of clients, both in public and private sectors, represent a variety of businesses such as Oil, Gas and Petrochemical Industries, Banks and Financial Institutions, Ministries and Governmental bodies. Our international experience has given us a clear understanding of how businesses operate on strategic, tactical and cultural levels, and at all stages of organisational development.
Training for Excellence:
At LMC we focus on learning and planning for development rather than moulding participants’ behaviour to fit a certain set of criteria. This approach has empowered thousands of directors, managers and prospective managers to realise their full potential by turning career aspirations into reality.
At the heart of our courses is the ability to transform our delegates from operational thinkers into strategic thinkers. This is achieved through an unrivalled combination of quality and excellence, strength and pragmatism, which facilitates learning, boldness, innovation, respect and tolerance.
Aspiring managers or fast-track candidates will find our range of skills courses cover every aspect of personal and business development required to fulfil management positions. Existing directors, managers and team leaders will learn how to step up their management style and become motivational leaders.
LMC’s primary focus is on learning and development with a true focus on quality, innovation and creativity. In depth personal feedback along with an open atmosphere at LMC puts participants at ease and encourages them to self-assess their strengths and weaknesses honestly. Daily assessments, practical exercises, role-plays and games are carried out in collaboration with participants not forced on them.
This one day course offers hands-on training surrounding specific skills in Excel which help enhance forecasting and budgeting practices, as part of the management accounting function.
This non-credit short-term course is intended for students who want to gain general knowledge, learn a new skill, upgrade existing skills or develop personal interests in subjects related to finance or tax law.
Strategic Financial Management and Effective Budget Execution also called Strategic Financial Management provides the important elements for attaining a comprehensive budget preparation and effective execution system.
A Certified Cost Professional is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of Total Cost Management (TCM) in the planning, execution and management of any organizational project or program.
Budgets and budgeting are words that fill many with fear and dread - long drawn out processes to input to budgets and forecasts without any real understanding why or what they will be used for.
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